2025 Employment Picture – Commercial Property Executive

Source: Bureau of Labor Statistics

From February 2024 to February 2025, the total number of jobs increased by 2,229,000, marking a 1.4 percent increase in total hires. Within the same timeframe, the total number of unemployed grew by 602,000, marking a 8.6 percent increase in job losses.

Over the same period, the largest year-over-year job decreases were for farming, fishing and forestry occupations, which saw a 7.8 percent decline in hires. Office and administrative support occupations saw a comparable increase, with a 6.3 percent jump in total occupations. Construction and extraction occupations saw the third-largest change, with the total number of employed moving down by a near-even 5 percent over the same period.

Year-over-year, the overall unemployment rate grew by 0.3 percent.

—Posted on March 24, 2025


A chart showing Employment data as of January 2025
Source: Bureau of Labor Statistics

From February 2024 to February 2025, the total number of jobs increased by 2,697,000, marking a 1.7 percent upswing in total hires. Within the same timeframe, the total number of unemployed grew by 689,000, marking a 10.2 percent increase in job losses.

Over the same period, the largest year-over-year job increases were for service occupations, which saw a 4.8 percent climb in hires. Office and administrative support occupations saw a comparable decrease, with a 3.5 percent slump in total occupations. Office and administrative support occupations saw the third-largest change, with the total number of employed moving down by 5.1 percent over the same period.

Year-over-year, the overall unemployment rate grew by 0.3 percent.

—Posted on February 24, 2025

Leave a Reply

Your email address will not be published. Required fields are marked *